The Insider

Dynetics, focusing on diversification, expands facilities in Alabama

October 17, 2017 at 2:58 PM

Dynetics earlier this year broke ground on a new facility in Alabama, part of its effort to increasingly work with NASA.

Steve Cook, Dynetics' vice president for corporate development, told Inside Defense last week he expects defense to remain the largest market for the company, but the Huntsville-based contractor is finding new opportunities in space and in commercial work.

“Part of our ability to grow . . . is we've got to diversify our offerings,” he said, noting the company didn't have space work eight years ago. “We see growth and diversification in parallel with each other.”

Dynetics in August broke ground on its aerospace structures complex in Decatur, AL. The complex is meant “to support the development and testing of large aerospace structures,” the company said at the time.

The complex will include three buildings and will be used to build the NASA SLS Universal Stage Adapter and to perform structural testing for the Pentagon, NASA and commercial customers.

Cook said Dynetics particularly sees opportunity to apply technology it has developed for DOD to NASA. 

The company's sales, which were about $315 million last year, are now about $400 million, he said. 

Cook also said Dynetics is seeking to be flexible in the type of contracts it accepts.

Other transaction authorities are “a large piece of our business,” he said. “The customer's got to find a way to get things done.”